NIKE, Inc. $NKE Shares Purchased by Resonant Capital Advisors LLC

28 Oct 2025, 10:38 by Scott Moore · The Cerbat Gem

Resonant Capital Advisors LLC raised its stake in shares of NIKE, Inc. (NYSE:NKE – Free Report) by 29.7% during the second quarter, Holdings Channel.com reports. The institutional investor owned 4,998 shares of the footwear maker’s stock after buying an additional 1,144 shares during the period. Resonant Capital Advisors LLC’s holdings in NIKE were worth $357,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of NKE. Goldman Sachs Group Inc. lifted its position in shares of NIKE by 344.2% in the first quarter. Goldman Sachs Group Inc. now owns 26,698,835 shares of the footwear maker’s stock valued at $1,694,842,000 after acquiring an additional 20,688,013 shares in the last quarter. Wellington Management Group LLP raised its stake in NIKE by 24.9% in the 1st quarter. Wellington Management Group LLP now owns 45,383,916 shares of the footwear maker’s stock valued at $2,880,971,000 after purchasing an additional 9,043,180 shares during the last quarter. Jennison Associates LLC purchased a new position in NIKE in the 1st quarter valued at about $509,051,000. Nuveen LLC purchased a new position in NIKE in the 1st quarter valued at about $502,285,000. Finally, Vanguard Group Inc. boosted its stake in shares of NIKE by 4.6% during the 1st quarter. Vanguard Group Inc. now owns 113,151,080 shares of the footwear maker’s stock worth $7,182,831,000 after purchasing an additional 4,957,494 shares during the last quarter. Hedge funds and other institutional investors own 64.25% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have commented on NKE shares. Truist Financial reaffirmed a “buy” rating and issued a $85.00 target price on shares of NIKE in a research note on Wednesday, October 1st. Cowen raised NIKE from a “hold” rating to a “buy” rating in a research report on Wednesday, September 10th. Argus upgraded NIKE to a “buy” rating in a research note on Sunday, July 6th. KeyCorp set a $90.00 price target on NIKE and gave the stock an “overweight” rating in a research note on Thursday, October 2nd. Finally, BTIG Research assumed coverage on NIKE in a report on Tuesday, October 14th. They issued a “buy” rating and a $100.00 price target for the company. Three investment analysts have rated the stock with a Strong Buy rating, twenty-five have given a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $82.21.

Read Our Latest Stock Report on NKE

NIKE Stock Down 0.9%

Shares of NYSE:NKE opened at $68.51 on Tuesday. The stock has a 50-day simple moving average of $72.20 and a 200-day simple moving average of $68.01. The stock has a market capitalization of $101.26 billion, a P/E ratio of 35.13, a PEG ratio of 2.55 and a beta of 1.29. NIKE, Inc. has a 1 year low of $52.28 and a 1 year high of $82.44. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.45 and a current ratio of 2.19.

NIKE (NYSE:NKE – Get Free Report) last posted its quarterly earnings results on Tuesday, September 30th. The footwear maker reported $0.49 EPS for the quarter, beating the consensus estimate of $0.27 by $0.22. The firm had revenue of $11.72 billion for the quarter, compared to analyst estimates of $10.96 billion. NIKE had a net margin of 6.23% and a return on equity of 21.16%. NIKE’s revenue for the quarter was up 1.0% compared to the same quarter last year. During the same quarter last year, the firm posted $0.70 earnings per share. Equities analysts forecast that NIKE, Inc. will post 2.05 earnings per share for the current year.

NIKE Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, October 1st. Investors of record on Tuesday, September 2nd were issued a dividend of $0.40 per share. The ex-dividend date was Tuesday, September 2nd. This represents a $1.60 annualized dividend and a dividend yield of 2.3%. NIKE’s payout ratio is presently 82.05%.

Insiders Place Their Bets

In related news, Chairman Mark G. Parker sold 86,078 shares of the stock in a transaction on Thursday, August 14th. The stock was sold at an average price of $75.93, for a total value of $6,535,902.54. Following the completion of the sale, the chairman directly owned 744,988 shares in the company, valued at approximately $56,566,938.84. This represents a 10.36% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Treasure Heinle sold 4,300 shares of the firm’s stock in a transaction dated Monday, October 6th. The shares were sold at an average price of $71.27, for a total value of $306,461.00. Following the completion of the transaction, the executive vice president directly owned 29,396 shares in the company, valued at $2,095,052.92. This trade represents a 12.76% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.80% of the stock is currently owned by corporate insiders.

NIKE Profile

(Free Report)

NIKE, Inc, together with its subsidiaries, designs, develops, markets, and sells athletic footwear, apparel, equipment, accessories, and services worldwide. The company provides athletic and casual footwear, apparel, and accessories under the Jumpman trademark; and casual sneakers, apparel, and accessories under the Converse, Chuck Taylor, All Star, One Star, Star Chevron, and Jack Purcell trademarks.